FxWirePro: GBP/JPY trades lower on geo political tension, good to sell on rallies
Apr 16, 2018 07:30 am UTC| Technicals
GBP/JPY has shown a minor weakness after 3 weeks of bullishness. Pound sterling was trading higher in the past week and jumped almost more than 200 pips in previous week on hopes of rate hike by BOE. The escalating...
FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Apr 16, 2018 07:09 am UTC| Technicals
Gold jumped sharply almost $16 dollar on Friday on political uncertainty in Middle East. US, British and French air strikes launched almost 105 missiles overnight at the heart of Syrias chemical weapons program. Donald...
FxWirePro: AUD/CHF finds support at 100-DMA, on track to test 200-DMA, stay long
Apr 16, 2018 07:08 am UTC| Technicals
AUD/CHF struggles to hold gains above 0.75 handle, retraces from highs of 0.7514 to close at 0.7470 on Fridays trade. The pair finds strong support at 100-DMA at 0.7466, we see weakness only on break below. The...
FxWirePro: USD/ZAR remains well supported above 12.00 mark, sustained close below targets 11.70 mark
Apr 16, 2018 06:40 am UTC| Technicals
USD/ZAR is currently trading around 12.06 levels. It made intraday high at 12.08 and low at 12.02 levels. Intraday bias remains bullish till the time pair holds key support at 12.00 mark. A daily close...
FxWirePro: Nikkei pares early gains on political uncertainty, good to buy on dips
Apr 16, 2018 05:58 am UTC| Technicals
Nikkei opened slightly higher and pared some of its gains on account of US air strikes on Syria. But it has failed to cause new risk aversion in markets. US futures was trading higher paring it yesterday loss with Dow...
FxWirePro: USD/INR hits fresh 5-month high at 65.38 mark, India’s WPI inflation data in focus
Apr 16, 2018 05:56 am UTC| Technicals
USD/INR is currently trading around 65.37 marks. It made intraday high at 65.38 and low at 65.13 marks. Intraday bias remains bullish till the time pair holds key support at 65.08 mark. Key resistances are...
FxWirePro: AUD/NZD bounces off strong trendline support at 1.0485, good to go long above 1.06
Apr 16, 2018 05:53 am UTC| Technicals
AUD/NZD has bounced off strong trendline support at 1.0485, we see further weakness only on break below. The pair is trading in a narrow range, hovers around 78.6% Fib at 1.0567. Technical indicators are turning...
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